Posted on August 28, 2009 - by admin
Housing Recovery Real Estate Investors buying for Real Estate Investment
REO Investment Property Real estate investors are playing a key role in the housing recovery now underway, buying up bank REO property, wading into distressed neighborhoods to turn around boarded-up foreclosures into rentals. Rick Weinberg of REDC’s Auction.com a company that has sold 19,000 foreclosed homes states that 48% of sales volume of his company is being driven by real estate investors. Some of these real estate investors are buying homes for fixing them up and flipping them, o
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Housing Recovery Real Estate Investors buying for Real Estate Investment
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